The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
PPP loans distributed in 2020 in ZIP Code 72476
| Name of Borrower | Current Approved Amount |
|---|---|
| Cavenaugh Ford Company | $1,702,900 |
| Lawrence Memorial Health Foundation, Inc. | $1,537,178 |
| Farm Service, Inc. | $1,339,703 |
| Lawrence Hall Health & Rehabilitation | $1,141,168 |
| Williams Baptist College | $959,500 |
| Lawrence County Family Clinic, P. A. | $271,800 |
| Arnold & Jacobs, LLC | $209,906 |
| Castino Industries, Inc. | $149,400 |
| Mcvay and Helms Veterinary Clinic | $88,501 |
| Industrial Metal Finishing, Inc. | $84,883 |
| Clark General Contractors, Inc. | $78,671 |
| First Baptist Church of Walnut Ridge | $77,944 |
| Kidspot Walnut Ridge, Inc. | $76,600 |
| Jon & Angela Rorex, LLC | $71,991 |
| Naveera, PLLC | $71,600 |
| Allied Agent Cat, LLC | $71,000 |
| Manus Welding, LLC | $68,309 |
| M. E. B Trailer Manufacturing, Inc. | $67,483 |
| Hyde's Termite & Pest Control of Walnut Ridge, Inc. | $60,400 |
| Cavenaugh Planting Partnership | $60,000 |
| Arkansas Excellent Transport, Inc. | $59,313 |
| Family Clinic Pharmacy | $56,900 |
| Lawrence County Seed Company, Inc. | $52,913 |
| Gene & Cherie Davis Farms | $51,500 |
| M & B Farms Partnership | $51,100 |
| Lawrence Company Chiropractic Clinic | $50,191 |
| Andrews Family Dentistry, P. A. | $49,300 |
| Ashlock Tire Service, Inc. | $48,226 |
| Wesley J and Vivian Davis Farms | $47,400 |
| Blackadder Farms | $42,575 |
| Econo-Med of Walnut Ridge, Inc. | $36,300 |
| Wallin Agri Aviation | $35,307 |
| Cox Cox & Stone Farms | $35,000 |
| Leonard & Steve Wall Partnership | $33,600 |
| LA Casita Grill, Inc. | $33,400 |
| Independent Medical Solutions | $32,366 |
| Kelly G Ross PA, OD | $30,700 |
| Central Arkansas Mentor Society, Inc. | $29,382 |
| Sunrise Farms | $27,763 |
| Wilson Crisler Farms | $26,600 |
| Stan Duckworth | $26,041 |
| SRD Trucking | $23,820 |
| James Farms Joint Venture | $23,427 |
| The Staples Agency, LLC | $23,400 |
| Colbert Gill Farms, Inc. | $22,700 |
| Sedgwick Farms, Inc. | $22,500 |
| Mullen, Inc. | $22,361 |
| Cook's Towing and Recovery, LLC | $22,308 |
| Johnson Accounting, Inc. | $22,039 |
| Double G Farms, Inc. | $21,700 |
| Gary Gill Farm | $21,500 |
| Moni's Grill | $21,380 |
| HT Farms Partnership | $21,279 |
| Chloe James | $20,833 |
| Brian McEntire | $20,800 |
| Senor Carlos of Walnut Ridge, Inc. | $20,012 |
| Shme, Inc. | $19,200 |
| Smith Mayfield, LLC | $19,035 |
| The Children's Shelter, Inc. | $17,861 |
| House Gregg Funeral Home | $17,687 |
| James R. Ward | $17,473 |
| Green Wing Farms, LLC | $17,400 |
| Fender Land Grading Company, Inc. | $17,271 |
| Highway 91 Farms, LLC | $16,697 |
| Loc, Inc. | $16,500 |
| Bam Farms, Inc. | $16,140 |
| V. I. N., LLC | $16,049 |
| Chad Ditto Construction, LLC | $15,666 |
| GKG Farms, Inc. | $15,546 |
| Gill Farms, Inc. | $15,424 |
| Three G Farms, Inc. | $15,377 |
| Lawrence Agency, Inc. | $15,158 |
| Burris Farms Partnership | $14,806 |
| C & G Farms | $14,690 |
| Nea Farms, Inc. | $14,520 |
| Aaron Manning Farms | $14,518 |
| S & T Farms, Inc. | $14,161 |
| Pg Trucking | $14,052 |
| Tracy Smith | $13,400 |
| Dag Enterprises, Inc. | $13,400 |
| MBC Farms, Inc. | $13,328 |
| Murta Farm Partnership | $13,102 |
| Heard's Market | $13,038 |
| Daryl Dotson | $13,000 |
| Surrounded Hill Farms, Inc. | $12,966 |
| Dame & Petty, Inc. | $12,804 |
| Burris Farms, Inc. | $12,671 |
| Wiskerville Farms, Inc. | $12,438 |
| Evergreen Mallards, Inc. | $11,973 |
| D & H Wall Farms, Inc. | $11,600 |
| Douglas A. Baltz | $11,325 |
| CP3 of Arkansas, Inc. | $10,976 |
| WHB Farms, Inc. | $10,838 |
| RJ Agent, Inc. | $10,750 |
| JKW Farms, Inc. | $10,400 |
| Strangers Home Farms, Inc. | $10,358 |
| Browns Tax & Accounting, Inc. | $10,203 |
| Beaver Dam Farms, Inc. | $9,724 |
| Lawrence County Towing | $9,457 |
| First Assembly of God | $9,400 |
| S E a Farms, Inc. | $9,398 |
| Downings Tax Service | $9,388 |
| S M K Investments, Inc. | $9,321 |
| Jerry D. Gibson | $9,319 |
| Luke Gill Farms SBA PPP, Inc. | $9,100 |
| Lee's Electrical, Inc. | $9,000 |
| L. A. G. Farms SBA PPP, Inc. | $8,900 |
| Hall Law Firm, PLLC | $8,712 |
| Freds Farm Equipment Repair, LLC | $8,700 |
| Darrell Brady & Sons, Inc. | $8,625 |
| Penny Sloan | $8,507 |
| Paul B. Goza | $8,416 |
| The James Ethan Weeks Firm | $8,386 |
| R & S Custom Hauling, LLC | $8,228 |
| Richey Farm Partnership | $8,023 |
| J Doty Farms Partnership | $7,891 |
| Butts Farms Partnership | $7,800 |
| K1 Fitness, LLC | $7,600 |
| B & K Farms | $7,320 |
| Brady & Sons Farm PTRN | $7,214 |
| Jarrod Brady | $7,063 |
| BCM Farms Partnership | $7,055 |
| Scott Brady Duck Hunts | $7,047 |
| Weddings by Karen | $6,950 |
| Lakeshore Farms, LLC | $6,950 |
| Flowers Nursery, LLC | $6,897 |
| Lawrence County Chamber of Commerece | $6,781 |
| Roger Tinsley Farms, Inc. | $6,768 |
| Bud Jones and Sons Used Cars | $6,731 |
| Charles Petty Cattle Farm | $6,428 |
| Robbie Mashburn | $6,353 |
| Walter C. Adams | $5,632 |
| Andrews & Son Farms, Inc. | $5,249 |
| AMCL Trucking, LLC | $5,200 |
| Danny Andrews Farms, Inc. | $5,180 |
| Mark Morse | $5,009 |
| Zachary Crisler Farms | $4,700 |
| Steven L. Jackson Farms, Inc. | $4,692 |
| Anthony James Orman | $4,500 |
| J B R Farms of Hoxie, Inc. | $4,331 |
| Greg Brady | $4,042 |
| Wonderful Chinese Super Buffet, LLC | $4,000 |
| Adam Davis | $3,975 |
| Stephen Ditto | $3,873 |
| Steves Hi-Tech Muffler | $3,558 |
| Alan Edmondson | $3,546 |
| Zach Isbell | $3,500 |
| Misty Patton | $3,319 |
| Reflections Blast from the Past, Inc. | $3,075 |
| Kc Satellite | $3,004 |
| The Garage Hair Studio and Spa | $2,880 |
| Henry Vance Whitlow | $2,817 |
| Hair and Spray Tans by Lacey | $2,766 |
| Laura Maxwell | $2,423 |
| Marion McDaniel | $2,354 |
| GLG Farms SBA PPP, Inc. | $2,300 |
| Brandy Graham | $2,187 |
| Styles by Sherri | $2,128 |
| Misti D. Neal | $2,074 |
| Robert Kary | $1,900 |
| Ronnie Lawrence Brown | $1,709 |
| Farmer & Schmidt, Inc. | $1,700 |
| Logan Brady | $1,483 |
| Glukey Farms SBA PPP, Inc. | $700 |
Alerts Sign-up